Last Updated: May 26, 2026
No. of Questions: 92 Questions & Answers with Testing Engine
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1. What options are available to split or partially award lots with multiple line items?
There are 2 correct answers to this question.
Response:
A) All line items in the lot split by a percentage
B) All line items in the lot split by a quantity
C) Each line item awarded to a different supplier
D) Only a partial percentage of the lot awarded
2. What are some of the benefits of requiring pre-bids during the preview period of an auction?
Note: There are 3 correct answers to this question.
Response:
A) Suppliers can be restricted from participating in an auction until they submit a starting price.
B) Suppliers can see their rank before the auction opens.
C) Suppliers can verify if they can supply the items at or below the starting price.
D) Suppliers can verify if they can supply the items as designed.
E) Suppliers can review the number of suppliers participating in the auction.
3. What are the responsibilities of the customer project sponsor?
There are 3 correct answers to this question.
Response:
A) Provide the overall project vision.
B) Drive the change management effort.
C) Serve as the primary point of contact for the project.
D) Serve as the escalation point for project issues.
E) Manage the project timeline.
4. What prepackaged report shows the total awarded spend for a specific organization across all event types?
Please choose the correct answer.
Response:
A) Event Participation Summary
B) Event Spend Summary
C) Supplier Participation Report
D) RFI Report
5. When would you choose to allow suppliers to see only rank in an auction?
There are 2 correct answers to this question.
Response:
A) The market for the product on auction is highly competitive.
B) You expect a wide variation in bids.
C) Price data is highly sensitive.
D) There are many suppliers invited to the auction.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: C,D,E | Question # 3 Answer: A,C,D | Question # 4 Answer: C | Question # 5 Answer: A,B |
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